Shareholders Put Pressure on Companies that Make and Sell Plastics Products

Published: 17 December 2007
Category: Bisphenol A (BPA), Packaging CONCERNS, Phthalates

According to the Milwaukee Journal Sentinel, companies that make and sell plastic products are now under fire by their shareholders. According to the Investor Environmental Health Network, a nonprofit for money managers and shareholder groups that use investments to pressure corporations on chemical issues, more than two dozen shareholder resolutions have taken publicly held corporations to task for their use of potentially toxic chemicals in the past two years. The money managers in the umbrella group reportedly oversee $34 billion in assets. Two of the chemicals under scrutiny are bisphenol A (BPA), reportedly used in plastic baby bottles, dental sealants and cans, including those used to package infant formula, and phthalates.

Link to Full Article